OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Money Managers Jumping Out Of Gold And Into Silver – CFTC Report

Posted by Farmboy @ 11:46 on July 25, 2016  

While hedge funds and money managers were lowering their exposure to the gold market, they were increasing their bullish bets in silver, according to the latest data from the Commodity Futures Trading Commission.

The disaggregated Commitments of Trader report (COT), for the week ending July 19, showed money managers increased their speculative gross long positions in Comex silver futures by 5,969 contracts to 98,948. At the same time, short bets increased by only 684 contracts to 7,796. The latest data shows the silver net length is at a new record high at 91,152 contracts.”
http://www.kitco.com/news/2016-07-25/Money-Managers-Jumping-Out-Of-Gold-And-Into-Silver-CFTC-Report.html

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.